Oriental Aromatics Ltd

Oriental Aromatics Ltd

₹ 370 6.83%
28 May - close price
About

OAL is one of the largest manufacturers of specialty based aroma chemicals, and camphor, with product range including Synthetic Camphor, Terpineols, Pine Oils, Astromusk & other specialty aroma chemicals which is used in various industries like Cosmetics, Soaps, Pharmaceuticals etc.

Key Points

Overview[1]
Oriental Aromatics is one of the largest Indian manufacturers of Aroma Chemicals, Camphor, Fragrances and Flavours.

  • Market Cap 1,245 Cr.
  • Current Price 370
  • High / Low 503 / 293
  • Stock P/E 131
  • Book Value 189
  • Dividend Yield 0.14 %
  • ROCE 4.21 %
  • ROE 1.50 %
  • Face Value 5.00

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.14% over past five years.
  • Company has a low return on equity of 4.61% over last 3 years.
  • Dividend payout has been low at 11.8% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
221 230 230 206 203 234 221 199 195 196 227 197 216
188 195 210 189 181 217 206 185 186 195 216 183 195
Operating Profit 34 35 20 17 22 17 15 14 9 1 11 14 21
OPM % 15% 15% 9% 8% 11% 7% 7% 7% 5% 1% 5% 7% 10%
1 1 2 0 2 2 2 1 1 1 3 2 2
Interest 1 1 1 1 3 2 3 4 3 5 5 7 4
Depreciation 4 4 4 4 5 5 5 5 5 5 5 5 5
Profit before tax 30 31 17 12 17 12 9 6 2 -8 4 5 14
Tax % 28% 26% 27% 28% 39% 26% 28% 30% 30% 24% 28% 40% 28%
21 23 12 8 10 9 6 4 1 -6 2 3 10
EPS in Rs 6.36 6.80 3.67 2.48 3.11 2.56 1.93 1.22 0.41 -1.76 0.74 0.81 3.03
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
217 309 355 351 456 506 753 759 709 873 854 836
179 262 312 301 397 439 637 631 553 779 798 789
Operating Profit 37 47 43 50 58 66 116 128 156 94 55 47
OPM % 17% 15% 12% 14% 13% 13% 15% 17% 22% 11% 6% 6%
2 2 3 3 1 4 -9 6 1 4 6 7
Interest 1 10 11 9 5 7 13 12 2 4 13 20
Depreciation 3 8 9 9 14 15 18 19 17 17 19 20
Profit before tax 35 31 27 34 40 48 76 104 137 77 28 15
Tax % 31% 36% 29% 33% 36% 37% 34% 16% 25% 30% 28% 35%
24 20 19 23 26 30 50 87 102 54 21 9
EPS in Rs 11.62 9.76 9.35 11.01 12.43 9.03 14.82 25.78 30.44 16.06 6.13 2.82
Dividend Payout % 0% 5% 4% 3% 3% 6% 7% 10% 8% 9% 8% 18%
Compounded Sales Growth
10 Years: 10%
5 Years: 2%
3 Years: 6%
TTM: -2%
Compounded Profit Growth
10 Years: -7%
5 Years: -30%
3 Years: -55%
TTM: -54%
Stock Price CAGR
10 Years: 21%
5 Years: 11%
3 Years: -23%
1 Year: 1%
Return on Equity
10 Years: 11%
5 Years: 10%
3 Years: 5%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 5 5 5 5 8 17 17 17 17 17 17
Reserves 92 111 129 151 314 336 375 447 541 589 610 618
128 119 119 106 100 131 183 51 78 140 231 172
38 63 60 54 77 102 98 94 110 120 131 123
Total Liabilities 264 298 314 316 495 577 673 609 746 866 988 930
125 131 125 136 211 212 245 236 236 261 266 264
CWIP 2 0 0 1 15 40 1 2 12 21 37 54
Investments 0 0 0 0 2 2 0 6 10 14 32 32
136 167 189 179 267 323 428 365 487 570 653 580
Total Assets 264 298 314 316 495 577 673 609 746 866 988 930

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-14 31 17 42 39 9 -24 185 19 -1 -21 153
-67 -6 -6 -16 -17 -26 -12 -16 -32 -59 -53 -77
30 -24 -12 -26 -24 19 38 -160 16 51 78 -83
Net Cash Flow -52 2 -0 -0 -2 2 1 9 2 -9 3 -6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 64 75 81 82 84 97 78 73 97 82 82 83
Inventory Days 200 145 127 119 141 148 149 124 211 183 233 176
Days Payable 33 67 56 40 53 67 39 43 66 52 55 52
Cash Conversion Cycle 231 153 152 161 172 178 188 154 242 212 259 207
Working Capital Days 145 107 117 134 158 162 167 130 194 190 224 186
ROCE % 15% 18% 15% 17% 13% 12% 19% 21% 24% 12% 5%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17% 74.17%
0.04% 0.06% 0.08% 0.11% 0.14% 0.14% 0.13% 0.13% 0.13% 0.11% 0.10% 0.10%
0.00% 0.01% 0.01% 0.64% 0.76% 0.76% 0.76% 0.78% 0.75% 0.61% 0.39% 0.39%
25.79% 25.77% 25.75% 25.09% 24.93% 24.92% 24.92% 24.91% 24.96% 25.11% 25.34% 25.33%
No. of Shareholders 21,56227,42228,96028,41528,33829,02928,57927,02426,56126,73026,54525,875

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls